Yarr… The idea of placing a file server in orbit around Earth sounds cool but the practicality of it verges on the crazy insane. Anyway, a server that is on orbit my be exempt from international law but the ground stations that serve it are not. I suppose you could put a satellite up/down link on someplace like Sealand and worry about feeding data to and from that. It’s still not going to solve the problem of hosting data that countries don’t want being hosted.
This week, Pirate Parties worldwide started brainstorming about a similarly ambitious plan. Instead of founding their own nation, they want to shoot a torrent site into orbit.